Banks who violate the new rule should be fined and suspended, says Abdulaziz al-Ghurair, head of the UAE Banks Federation
Henrik Stenson fired a five-under 67 in the third round of the $8-million championship on Saturday to retain a one-shot lead
Mudslinging between nemeses can be risky, especially in the aerospace sector. But with both aircraft manufacturers holding global press announcements this year, ‘my plane is better than your plane’ comments were inevitable.
Kansas-based Applebee’s is opening new restaurants and hiring more people across the Middle East. Aarti Nagraj sat down for a late lunch with global president, Mike Archer.
The manager needs to play a five-way role to ensure a smooth transition, writes management expert Debbie Nicol.
The defending Dubai champion is seeking his first 2013 win.
HSBC’s fund will be open to firms having an annual turnover of 30 billion dirhams or more.
The plane manufacturer predicts the region will need 2,610 new airplanes over the next 20 years.
GCC jeweller Damas has declared its global ambitions with the intention to expand the Damas brand to the largest jewellery markets and fashion capitals of the world. Gulf Business spoke to Damas CEO Anan Fakhreddin just after the announcement.
‘Ambitious’ senior level executives are fuelling the growth of online courses, writes Dr Alan Southern, director of e-learning at the University of Liverpool.
The Dubai-based construction firm revealed a net profit rise of 137 per cent for its first nine months of the year.
Airbus hopes the display of the Emirates Executive ACJ319 at next week’s show will lead to more sales.
Munich authorities will have weighed up the increased traffic benefits against the impact it will likely have on Lufthansa’s Dubai-Munich loads.
Almost half of them – 31 – are international banks, all located in Dubai, says study by Insight discovery.
Swiss chain’s sixth Dubai hotel may be small but overseas-and-residential focus means potential is high.
E-content in e-commerce platforms are driving overall sales, industry experts say.
Following the grounding of the 787 Dreamliner this year, Boeing’s relationship with Qatar Airways’ Akbar Al Baker is back on track, but there is no room for further mistakes.
The carrier’s marginal growth was caused in part by a cracked wings issue suffered by the A380, says aviation analyst Saj Ahmad.
Salah Nooruddin will join GFH’s board of directors following the stake acquisition.
The French manufacturer saw a 38 per cent sales rise in Abu Dhabi and a 33 per cent increase in Dubai.
The terminal will be able to supply the UAE with around 1.2 billion cubic feet (bcf) per day of gas.
As the international aviation industry expands, will there be enough trained pilots to fly the planes?
The carrier is also finalising a deal with Boeing, with one or both deals set to be announced at next week’s Dubai Airshow.
Repeat holidaymakers and executives can now buy a slice of Penthouse luxury living.
Amiri, who quit just seven months ago, replaces Mohammad Zaqout who was fired in October.
Typhoon Haiyan has left an estimated 10,000 people dead and four million affected after it hit land on Friday.
Is India set to loosen its protectionism over the national airline sector? It’s about time it did.
Al-Futtaim Motors has been the regional partner of Toyota vehicles for almost 60 years with the Toyota Camry almost exclusively used by Dubai’s taxi fleets.
Standard Chartered has around $300 million exposure on the loan, while Citi has the rest.
In an exclusive interview with Gulf Business, healthcare mogul Dr. Mukesh Batra reveals his grand plans to take the alternative medicine empire to every corner of the world.